Purchase Bridge Loan for NOPA Duplex in San Francisco, California
Funded by Security Financial Services
$635,000
)
Deal Details
Private Loan Type
Purchase
Approx. Funding Date
11/15/2017
Property Type
2-4 Units Residential
Property City
San Francisco
Property State
CA
Loan Term (months)
12
Lien Type
1st Mortgage
Payment Type
Interest Only
Loan-to-Value
55%
Deal Summary
Security Financial Services, a direct lender, funded a $635,000 1st lien position bridge loan for the acquisition of a duplex in San Francisco, CA. The loan-to-value was 55%. The loan term was set at 12 months. This purchase bridge loan was funded in November 2017.
Funded By
Security Financial Services
Direct Lender for Northern California Property Investors | Established 1943